Personal Loans

Have you been rejected by a bank because of a low credit score? Don’t worry, you have other options! Cash Loans Bad Credit can connect you with a private lender that can help you accomplish your goal.

You should also note that if you have made previous applications to banks on your own and have been rejected, it might be worthwhile for you to try again with Cash Loans Bad Credit. We have access to multiple lenders and our experience to get you the financing you need.

What is a private loan?

A private loan works just like a bank loan. Similar to any regular loan from a bank, a private loan is a loan from a private institution or individual. It is a loan from a private lender as opposed to one of Canada’s chartered financial institutions.

Using a Private Lender

A private lender doesn’t work like a bank. They don’t have compliance departments and red tape. They are able to assess a loan very quickly, therefore private lenders have a faster closing schedule and funding time. A private lender can close a deal within a couple of days while a bank must process your files through different departments before approving you.

 

Bad Credit Loans

Home loans are easily attainable if you have a good credit score and a down payment, but if you are missing one of the two it is not the end of the world. Cash Loans Bad Credit has a track record of success in finding loans for individuals in situations like these.

Private Home Loans

Whether it’s for a first mortgage, second mortgage or a home equity loan, Cash Loans Bad Credit can help you get a private loan.

When should you consider getting a private loan?

You should consider private loans when traditional methods for obtaining financing have failed. Cash Loans Bad Credit has access to private lenders in every province and every major city in the country. By applying with us you will benefit from affordable instalment (term) loans, repayable in a term (i.e. weekly, bi-weekly, monthly, semi-monthly) that works for you!

Apply For A Personal Loan Today!

*Some conditions may apply. Applying for a loan through our private lenders does not guarantee you will be approved for a loan, however our private lenders’ intent is to always have full disclosure on all of our personal loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Canadians an alternative to the banks and credit unions (not a replacement). Typically, you will find our private lenders rates to be higher than the banks; however, with this in mind, Our private lenders are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once our private lenders have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with the private lenders’ offer. It is important the borrower is aware that the examples may represent the lower priced range of our private lender offerings. Our private lenders’ loan rates are subject to change and may vary (up or down) at lenders discretion. The difference between the Gross Amount and Net amount represents closing costs which includes items such as legal fees, appraisals, brokerage fees, etc. (“Fees”). The APR will increase / decrease in the event of higher / lower Fees. Loan repayment terms of 9-120 months. APR between 7.99% and 29.99%. Example: $1000 unsecured loan borrowed for 12 months at 7.99%: Monthly payment: $89.99; Total repayment with interest: $1079.99. Thank you for your consideration. Our private lenders are looking forward to speaking with you soon. Personal loans, car loans, private loan, second mortgages, debt consolidation.

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